The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.
Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .
Fri Jan 27, 2017
MILWAUKEE - REV Group, Inc. has announced the pricing of its initial public offering of 12.5 million shares of its common stock at the initial public offering price of $22 per share. In addition, certain selling stockholders have granted the underwriters for the Offering an option to purchase up to 1.875 million additional shares of REV Group, Inc.’s common stock at the initial public offering price less the underwriting discount.
The Offering is expected to close on or about Feb.1, subject to customary closing conditions. REV Group, Inc.’s shares of common stock have been approved for listing on the New York Stock Exchange and are expected to begin trading under the ticker symbol “REVG” on Jan. 27.
Goldman, Sachs & Co., Morgan Stanley and Baird are acting as joint lead book-running managers and representatives of the underwriters for the Offering. BMO Capital Markets Corp., Credit Suisse Securities LLC, Deutsche Bank Securities, Jefferies LLC, Wells Fargo Securities, LLC and Stifel are also acting as joint book-running managers for the Offering.
A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission. The Offering is being made only by means of a prospectus.